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37 Melrose Ave

Asheville, NC 28804

4 bd 3 ba 2,213 sqft Built 1928 Lot 6,534 sqft single_family
Most recent sale
$870,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $870,000 MLS #3840417
Apr 14, 2022 Listed $760,000 MLS #3840417
May 31, 2019 Sold $575,000 MLS #3490700
Apr 19, 2019 Listed $585,000 MLS #3490700
Nov 10, 2018 Listing removed $2,500 AppfolioUnits
Nov 9, 2018 Listing removed $599,900 CanopyMLS
Nov 8, 2018 Price changed for rent $2,500 AppfolioUnits
Nov 6, 2018 Listed for rent $2,650 AppfolioUnits
Sep 27, 2018 Price changed $599,900 MLS #3415779
Aug 13, 2018 Price changed $629,900 MLS #3415779
Jul 23, 2018 Price changed $645,000 MLS #3415779
Jul 20, 2018 Listed $655,000 MLS #3415779
May 14, 2013 Sold $370,000 Public Record
Apr 10, 2012 Listing removed $399,000 NWCarolina
Dec 3, 2009 Relisted $399,000 MLS #430836
Nov 1, 2009 Listing removed $399,000 NWCarolina
Oct 8, 2009 Relisted $399,000 MLS #430836
Jun 29, 2009 Listing removed $420,000 NWCarolina
Jan 6, 2009 Listed $440,000 MLS #430836
Apr 30, 1999 Sold $161,000 Public Record
Oct 4, 1994 Sold $109,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $621,300 $74,400 $695,700 $7,642
2024 $621,300 $74,400 $695,700 $7,187
2023 $621,300 $74,400 $695,700 $7,007
2022 $546,100 $74,400 $620,500 $6,187
2021 $546,100 $74,400 $620,500 $6,188
2020 $442,300 $64,500 $506,800 $5,463
2019 $428,800 $64,500 $493,300 $5,317
2018 $428,800 $64,500 $493,300 $5,317
2017 $428,800 $64,500 $493,300 $5,367
2016 $272,100 $49,400 $321,500 $3,951
2015 $272,100 $49,400 $321,500 $3,951
2014 $272,100 $49,400 $321,500 $3,903
2013 $245,700 $49,400 $295,100 $3,583
2012 $279,100 $28,100 $307,200 $3,364
2011 $279,100 $28,100 $307,200 $3,364
2010 $279,100 $28,100 $307,200 $3,364
2009 $279,100 $28,100 $307,200 $3,364
2008 $279,100 $28,100 $307,200 $3,364
2007 $279,100 $28,100 $307,200 $3,363

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,213 sqft
Lot size
6,534 sqft
ZIP code
28804
City
Asheville
Street
Melrose Ave
Coordinates
35.62358, -82.55231

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,988
Gross rental yield
4.12%
Implied cap rate
2.68%
Trend-extrapolated value

Frequently asked questions

When did 37 Melrose Ave last sell?
37 Melrose Ave most recently sold on Jun 9, 2022 for $870,000.
What is the current tax assessment for 37 Melrose Ave?
The most recent total assessment for 37 Melrose Ave (year 2025) is $695,700 with $7,642 in property tax.
How does 37 Melrose Ave's assessment compare to its last sale price?
The current assessment is 20.0% below the last sale price of $870,000.
When was 37 Melrose Ave built?
37 Melrose Ave was built in 1928.
How does 37 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 37 Melrose Ave?
37 Melrose Ave is a 4 bed, 3 bath, 2,213 sqft, 6,534 sqft lot single_family.
Is 37 Melrose Ave a flip candidate?
No — 37 Melrose Ave does not appear in our flips dataset.
Is 37 Melrose Ave a tax-appeal candidate?
No — 37 Melrose Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.2%
2026 Q3
$703.2K
2026 Q4
$684.2K
ZIP 28804 — Median Price History + Forecast

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